🇳🇬 Naira appreciates to N1,387/$ in parallel market
Nigeria's naira has posted a modest but significant appreciation in the parallel market, trading at N1,387 per US dollar compared to N1,389 the previo...
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🇳🇬 FG ban on drug imports hailed as boost for local pharma
Nigeria's Federal Government has updated its schedule of prohibited trade items to include pharmaceuticals already manufactured domestically—a landmar...
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🇳🇬 Import duty reduction kills our local industry, rice
Nigeria's rice milling sector faces an existential threat following the Tinubu administration's decision to slash import duties on rice and competing ...
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🇳🇬 State of the nation: A country in dire straits
Nigeria faces a deepening currency and macroeconomic crisis that contradicts government claims of economic mastery. Since President Bola Tinubu took o...
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🇳🇬 Nigeria’s oil strategy and the logic of enlightened
Nigeria's oil strategy debate reveals a fundamental leadership paradox: despite commanding Africa's largest proven oil reserves (37 billion barrels), ...
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🇳🇬 UPDATED: Flutterwave yet to confirm reports of $75m
Flutterwave, Africa's most valuable fintech unicorn, has yet to publicly confirm reports of a substantial $75 million investment from the Nigerian gov...
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🇳🇬 NCC, CBN sign MoU to tackle payment fraud, protect consumers
Nigeria's financial and telecommunications regulators have moved decisively to address a mounting vulnerability in the nation's digital economy. The N...
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🇳🇬 IMF/World Bank Meetings: Dangote champions infrastructure,
Africa's largest industrial conglomerate made a high-profile case for infrastructure-led development at the recent IMF and World Bank annual meetings,...
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🇳🇬 Court vacates order restraining EFCC from freezing Amaranta
Nigeria's energy sector has received a significant regulatory signal this week as the Federal High Court in Abuja reversed course on asset freezes aff...
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🇳🇬 CBN to raise N750 billion in second Treasury Bills auction
Nigeria's Central Bank has signalled continued reliance on short-term debt instruments to manage government liquidity needs. The planned N750 billion ...
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🇳🇬 AXIAN’s Benjamin Toulouze says CVCs can move faster than VCs
Corporate venture capital (CVC) units are reshaping Africa's startup funding landscape. AXIAN, the Mauritian diversified conglomerate, has deployed it...
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🇳🇬 Nigerian equities market hits N140 trillion as ASI breaks
Nigeria's equity market has crossed a historic threshold. On April 20, 2026, the All-Share Index (ASI) closed at 218,113.84 points—a 0.44% gain—pushin...
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🇳🇬 Tinubu approves $75m investment in Flutterwave ahead of IPO
President Bola Tinubu's approval of a $75 million investment into Flutterwave represents a watershed moment for Africa's fintech ecosystem and carries...
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🇳🇬 Nigeria's Financial Services Boom Driven by Banks
Nigeria's financial services ecosystem is entering a decisive growth phase in 2026, marked by record institutional investment, strengthened banking pr...
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🇳🇬 Nigeria Financial Services Boom: M&A Activity, Stock Gains
Nigeria's financial services ecosystem is experiencing a remarkable expansion, driven by robust M&A activity, institutional investor confidence, and r...
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🇳🇬 West Africa's M&A Boom and Dividend Surge Signal
West Africa is experiencing a pivotal shift in capital flows, driven by two converging trends: record dividend payouts from Nigeria's listed companies...
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🇳🇬 Dash Microfinance Bank Launches Mobile App to Boost Digital
Nigeria's microfinance sector is experiencing a critical inflection point. Dash Microfinance Bank's launch of its proprietary mobile app represents mo...
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🇳🇬 Nigeria's Institutional Crisis: Why Job Creation Means
Nigeria presents a paradox that should concern any investor eyeing West Africa's largest economy. Walk through Lagos's commercial districts and you'll...
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🇳🇬 Strong institutions, not strong men, key to Nigeria’s
Nigeria faces a critical juncture as two converging crises threaten macroeconomic stability and investor confidence. The combination of deteriorating ...
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🇳🇬 Flutterwave denies knowledge of reported $75 million
Flutterwave, Africa's most valuable fintech unicorn, has publicly rejected reports of a $75 million government investment injection, marking another c...
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